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2013-14 Financial Statement Highlights

Debt and Credit Ratings


  • During 2013-14 the University's long-term debt increased to $1.13 billion primarily due to the University’s series 2013 bond issue, $264.5 million of tax-exempt and taxable bonds.
bar chart: Longterm Debt

Credit Ratings

  • In conjunction with the issuance of series 2013 bonds, Moody’s Investor Services, Standard & Poor’s and Fitch Ratings have reaffirmed the University’s rating and outlook.
    Standard & Poor’sAA-Stable

Page updated 08/07/2015
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